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Commercial Banks Credit Unions

Bankers claim that credit unions are getting too big At year-end 2005 banking institutions held over fifteen times moreassets than credit unions ($10.9 trillion vs. $701 billion). Each of the nation's three largest banking entities are larger than theentire credit union movement. The average banking institution is over fifteen times larger than the average credit union ($1.23 billion vs. $79 million in assets). At year-end 2005 roughly one-half of U.S. credit unions had less than $1215

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Commercial Banks Credit Unions

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    1. Commercial Banks & Credit Unions Facts, Fallacies, and Recent Trends June 2006 Mike Schenk Economics & Statistics Department CUNA & Affiliates mschenk@cuna.coop

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